Fund of Information

Vanguard’s Climate-Change Dismissal

Vanguard has failed to support a single sustainability resolution of the 200 that have been filed.

Quietly, without fanfare, the Vanguard Group has become one of the most powerful forces in Corporate America. The mutual fund company has $3.6 trillion in its mutual and exchange-traded funds—greater than the national net worth of India or Brazil. Look at the top owners of any blue-chip company, and chances are Vanguard is No. 1 or No. 2. That gives it tremendous influence. When Vanguard talks, CEOs listen.